According to the latest update on the official website of the Hong Kong Securities and Futures Commission, the application for a virtual asset trading platform license submitted by HKDAX was withdrawn on October 9. The name of the operating company of HKDAX is "Hong Kong Digital Asset Xchange Limited", which has no Chinese name. It is reported that the company initially submitted a license application to the Hong Kong Securities and Futures Commission on August 27, 2024.

So far, the total number of applicants whose virtual asset trading platform licenses have been withdrawn and returned by the Hong Kong Securities and Futures Commission is 13, of which 1 has been returned. In addition, there are 15 virtual asset trading platforms in the process of applying, 11 of which are considered to be expected to be licensed, and there are 3 licensed virtual asset trading platforms.